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the united states believes it's a cover for testing ballistic missiles capable of reaching the u.s. >>> one part of the rocket fell into the yellow sea another into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of snow. very cold temperatures as the system drives in from the gulf of alaska. hi-def doppler shows showers right now and that's what we'll see to throughout, more nuisance showers throughout the morning but you can see a good cell along the peninsula to daly city, pacifica heavier rainfall very shortly. and you're going to see this sporadic showers throughout the morning hours, the possibility of an isolated thunderstorm and, yes, maybe even a couple of snowflakes over the mountaintops. look at the cold front swinging through behind that. you see all those cold clouds? those continue to drop on through at least through t
the united states believes it's a cover for testing ballistic missiles capable of reaching the u.s. >>> one part of the rocket fell into the yellow sea another into the east china sea and a third part fell into the pacific ocean east of the philippines about 2,000 miles away. >>> 4:43 now. how about a look at weather? it's going to start looking like christmas around the bay area. >> i like that cold air white christmas at least on the mountaintops. maybe a dusting of...
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u.s. defense officials believe that some half dozen or so of the scud missiles have been fired at targets north of damascus by the syrian security forces aiming at the rebels in the last few days. they do not have any reports any casualties. you will wreck that scud missiles were widely launched by saddam hussein during the 1991 gulf war. they were largely inaccurate then and it appear they have been inaccurate now. it is an odd choice, this soviet missile as a tactical weapon by the syrians but according to white house officials, it could be one more sign of president bashar al-assad's desperation. >> if true, this would be latest desperate act from a regime that has shown utter disregard for innocent life. utter disregard for the lives of its own citizens. again, the idea that the syrian regime would launch missiles in its borders at its own people is stunning, deputy prosecute, and a completely disproportionate military escalation. >> one of the fears is that scud missiles are capable o
u.s. defense officials believe that some half dozen or so of the scud missiles have been fired at targets north of damascus by the syrian security forces aiming at the rebels in the last few days. they do not have any reports any casualties. you will wreck that scud missiles were widely launched by saddam hussein during the 1991 gulf war. they were largely inaccurate then and it appear they have been inaccurate now. it is an odd choice, this soviet missile as a tactical weapon by the syrians...
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the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a north korean satellite to orbit around the earth. they clearly achieved one goal raising everyone's anxiety level. >> this is a step towards the ability to build a long-range missile that could strike parts of the united states. >> but i don't think this really was a great advance forward. i think in terms of the per accepting in north korea, this has changed the way the neighbors think about it. >> in an interview with erin burnett, defense secretary leon panetta wasn't about to say this three-stage rocket launch was a success for jim jong-un. >> we still have to assess what happened here. most imp
the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a north korean satellite to orbit around the earth. they clearly achieved one goal raising...
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the u.s. confirms is in orbit. the u.s. and its allies believe this is a way for north korea to test its long-range ballistic miss ill technology. some believe that kim young un is using this as a way to show he's a rival to the united states. a spokesperson says there will be a closed-door meeting on this and how to respond. >>> cancer surgery is over for hugo cav -- hugo chavez. doctors say he had an operation treating aggressive cancer. it was announced on saturday that the vice president should take over if he becomes incapacitated. this is the fourth cancer surgery for chavez since 2011. >>> new reports from london say the nurse who took her own life after being tricked in that royal prank phone call about the duchess of cambridge did leave a suicide note. the london evening standard reports 46-year-old jacintha saldanha wrote a message to her family before she died. the contents of the note have not been revealed. jacintha saldanha transferred the prank call made by an australian radio show. she was found several days
the u.s. confirms is in orbit. the u.s. and its allies believe this is a way for north korea to test its long-range ballistic miss ill technology. some believe that kim young un is using this as a way to show he's a rival to the united states. a spokesperson says there will be a closed-door meeting on this and how to respond. >>> cancer surgery is over for hugo cav -- hugo chavez. doctors say he had an operation treating aggressive cancer. it was announced on saturday that the vice...
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how did north korea get this past the u.s.? >> well, it didn't really get past the u.s. it said it had a few problems, was going to delay the launch and then suddenly on calendar, e for many, and kim jong-il got very lucky. the three latest attempts had all failed. and this one appears, appears to be a success. something is in orbit. >> we know the rocket range is something like 5,000, 6,000 kilometers. what does the distance tell you? >> well, it is technology. it is a three stage rocket. that's what is significant here. >> tells you it is advanced. >> this is 1950s scud technology they built, a lot of people thought they would never get this far with it. but they made incremental advances. so in that sense, it poses a threat. remember, while they were celebrating in the streets of pyongyang, there were probably also celebrating in the control rooms in iran because those two share their missile technology. >> what about ally, china? china -- >> that was a big surprise. >> let me quote, expressed regret, quote/unquote. regret from china? >> china has been their backer, t
how did north korea get this past the u.s.? >> well, it didn't really get past the u.s. it said it had a few problems, was going to delay the launch and then suddenly on calendar, e for many, and kim jong-il got very lucky. the three latest attempts had all failed. and this one appears, appears to be a success. something is in orbit. >> we know the rocket range is something like 5,000, 6,000 kilometers. what does the distance tell you? >> well, it is technology. it is a three...
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Dec 13, 2012
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now i'll briefly introduce the honorable senator pete, assistant secretary for public housing at the u.s. department of housing and urban development, and in this capacity, she has day-to-day oversight of hud's public housing and the voucher programs as well as hud's office on the programs. since secretary eriques, you may proceed with your testimony. >> thank you, and good morning. chairman johnson, ranking member shelby, and members of the committee, thank you for letting me testify this morning on the housing voucher programs. the voucher public housing program provide critical housing assistance in communities across the in this case. these programs serve extremely poor families, many elderly or disabled. not surprisingly, with the recent recession, the demand for rental assistance increased. hud recognizes the urgent need to streamline its rental assistance program in order to reduce burdens on public housing authorities and increase overall efficiency and generate cost savings where possible. in light of the persistent demand for rental housing, we are also working hard to preserve
now i'll briefly introduce the honorable senator pete, assistant secretary for public housing at the u.s. department of housing and urban development, and in this capacity, she has day-to-day oversight of hud's public housing and the voucher programs as well as hud's office on the programs. since secretary eriques, you may proceed with your testimony. >> thank you, and good morning. chairman johnson, ranking member shelby, and members of the committee, thank you for letting me testify...
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the essence of that, we did not trade one u.s. interest for another u.s. interest, interesting gupta that point. people say if the soviet union does something we don't like they will pay with u.s. interests instead of one of their own interests so we got away with that with a new negotiating approach and gradually to geneva where we arrived with some sense of things being significant to the soviet union and one of the preparatory trips we met with a member of the triumvirate's who said you know as do the year we got to be in charge the coverage was there. i am not sure a lot of that registered in washington intelligence community where we had a different sense of the soviet leadership we were acquiring as we went through the dialogue it became difficult to look what we were getting from the intelligence side and what we received across the table but in geneva as president reagan met gorbachev the first time the two of them met in front of a fireplace conversation later walking along the lake and began to see the emergence where people accept and believe in
the essence of that, we did not trade one u.s. interest for another u.s. interest, interesting gupta that point. people say if the soviet union does something we don't like they will pay with u.s. interests instead of one of their own interests so we got away with that with a new negotiating approach and gradually to geneva where we arrived with some sense of things being significant to the soviet union and one of the preparatory trips we met with a member of the triumvirate's who said you know...
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. bill: we mentioned this right before the break. this is an audio recording of the scanner activity that was taking place between a number of different police officers while the shooting was taking place inside this enormous shopping mall just outside of portland, with 10,000 people inside the mall at the time. let's have a listen to this right now. >> just confirming we have an active shooter? >> yeah. there is one person saying there's a man with a rifle and he is still shooting people. >> we're out here on foot and people are bailing out like crazy from everywhere. bill: we'll get more of that throughout the morning here and really captures the moment and the emotions. so many shoppers confused. you can imagine what police are going through to keep everybody calm and get them out safely. the mall is closed as you can imagine. they are getting more evidence. we'll hear from the sheriff and his department next.
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. bill: we mentioned this right before the break. this is an audio recording of the scanner activity that was taking place between a number of different police officers while the shooting was taking place inside this enormous shopping mall just outside of portland, with 10,000 people inside the mall at the time. let's have a listen to this right now. >> just confirming we have an active...
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in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended 57 months and that's what the judge accepted. basically the guy was in court in his jumpsuit -rblgs he spok jump jumpsuit, he spoke to the family, said he was sorry and he's moving on. jenna: you wonder if that plea sraoeudz the family any solace after losing their son. more of the story as we get it thank you. jon: breaking news out of syria. leland vittert has that live for us from geralds. >> reporter: right now, jon the obama administration is now officially recognized syrian opposition as a legitimate rep
in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended...
SFGTV2: San Francisco Government Television
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our next speaker is u.s. congressmen. he is representing the 15th congressional district of california in the u.s. house of representatives. in congress, he is a member of the powerful house appropriations and budget committee. share of the democratic caucuses, new media working group, house democratic senior went, and the original author of the equity and excellence commission now housed in the u.s. department of education. his district includes silicon valley, the birthplace of technology. mike has dedicated his life to public service and is lauded for his work on education, civil- rights national service, immigration, transportation, the environment, and high-tech issues. >> he is also the greatest karaoke sing their -- singer and all of congress. -- in all of congress. [applause] >> he just told me i had five minutes. what do you think of this program? [applause] it is about time. i want to thank francis and fong. i think this is the very first statewide heritage month held with the mayor of san francisco. let me say
our next speaker is u.s. congressmen. he is representing the 15th congressional district of california in the u.s. house of representatives. in congress, he is a member of the powerful house appropriations and budget committee. share of the democratic caucuses, new media working group, house democratic senior went, and the original author of the equity and excellence commission now housed in the u.s. department of education. his district includes silicon valley, the birthplace of technology....
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it's trying to push the u.s. out of asia. they are not our friend, and so we don't want to give them a foothold in our economy. trac that being said, how do we stop this? do we not allow these deals to happen? in the u.s. is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question tonight. is the u.s. still a superpower or will china be number one soon? log onto gerriwils.com and vote on the right hand side of the screen command we will share the results of the end of the show. coming up, is it the case of false advertising? "consumer repports" says the fod fusion is not as green as ford says it i. come on. we're goi
it's trying to push the u.s. out of asia. they are not our friend, and so we don't want to give them a foothold in our economy. trac that being said, how do we stop this? do we not allow these deals to happen? in the u.s. is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition....
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dollar comes from the u.s. government and so fundamentally that that's a point that very few people seem to recognize i mean we resort to talk like we think the dollar comes from china and you know in the modern era the u.s. government is the issuer of the currency it can never run out it can never go broke it can never be forced to make to miss a payment as long as those payments are due in the currency that it and it alone has the legal authority to create so then should there be a constraint on government spending absolutely and we make this point in in just about everything that we do there are all kinds of constraints on government and one of the most important is just through the normal budgeting process and so just because the government has the capacity to spend dollars as alan greenspan said in an unlimited fashion that there are no constraints on it's a builder to create the currency it doesn't follow that therefore the government should go out and spend willy nilly on any old project it feels like sp
dollar comes from the u.s. government and so fundamentally that that's a point that very few people seem to recognize i mean we resort to talk like we think the dollar comes from china and you know in the modern era the u.s. government is the issuer of the currency it can never run out it can never go broke it can never be forced to make to miss a payment as long as those payments are due in the currency that it and it alone has the legal authority to create so then should there be a constraint...
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u.s. growth u.s. exports or is there innovation and investment needs to happen that is not happening more it's a marker and a tangent capital partners author of currency wars after the break also still ahead our interview with and economist stephanie calton yesterday heard so many responses won't discuss change but first your closing market numbers. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything. you don't know i'm sorry welcome to the big picture. but there's a disconnect about what's officially reported what actually happened we can't accept the stuff that's handed down. to the ok. we're. going to be outdone by. a name we're in in. the . all right let's just bring jim records right back in a tangent capital partners author of currency wars on this fed decision day we're talking about the currency wars and i want to actually continue on the fed's decision that they anno
u.s. growth u.s. exports or is there innovation and investment needs to happen that is not happening more it's a marker and a tangent capital partners author of currency wars after the break also still ahead our interview with and economist stephanie calton yesterday heard so many responses won't discuss change but first your closing market numbers. you know how sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other...
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japanese defense officials say they learned of the launch from u.s. missile warning systems around 9:51 japan time. it was confirmed around 10:01 by self defense forces radar which then tracked the rocket. the ministry says it decided not to fire its patriot defense missiles because the rocket was confirmed to pass over okinawa toward the pacific ocean. the officials say there was no possibility of debris falling on japanese territory. south korea's defense ministry says the rocket that north korea launched on wednesday could have reached as far as the u.s. west coast. >> translator: the rocket launched today must be a long-range missile with an estimated range of about 10,000 kilometers. >> kim said the launch was aimed at furthering the development of intercontinental ballistics missiles. the launch had officials scrambling to catch up. north korean authorities announced monday they were extending the launch window by a week because of problems. south korean officials said their intelligence suggested a delay. they said north korean crews removing t
japanese defense officials say they learned of the launch from u.s. missile warning systems around 9:51 japan time. it was confirmed around 10:01 by self defense forces radar which then tracked the rocket. the ministry says it decided not to fire its patriot defense missiles because the rocket was confirmed to pass over okinawa toward the pacific ocean. the officials say there was no possibility of debris falling on japanese territory. south korea's defense ministry says the rocket that north...
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the last thirty years world news in brief u.s. and philippine officials are meeting to discuss plans that could see an increased american military presence of southeast asians there a philippine government spokesman says the two countries are looking for close a maritime defense league that only ties it's believed the philippines hope a closer working relationship with the u.s. will strengthen their position on the ground going to retore of the spirit of china the new leader of china's communist party and his comment by his military to get ready for a quote struggle. the gunman is open fire on christmas shoppers in oregon in the united states he killed two and injured another before apparently turning the weapon on himself in portland the twenty two year old reportedly wore caliph large suit and hockey mask and carried an assault rifle police believe he had no connection to any of his victims and intended to kill as many people as possible. venezuela. venezuela vice president nicolas maduro says president chavez's recovery from ca
the last thirty years world news in brief u.s. and philippine officials are meeting to discuss plans that could see an increased american military presence of southeast asians there a philippine government spokesman says the two countries are looking for close a maritime defense league that only ties it's believed the philippines hope a closer working relationship with the u.s. will strengthen their position on the ground going to retore of the spirit of china the new leader of china's...
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the torture first of all the u.s. attorney general announced that so long as you were following the d.o.j. legal guidelines then torture was fine and then he said well ok we'll investigate some of the people who have gone beyond the guidelines and he went on so that he decided there wasn't really enough of a case to answer so no one has been prosecuted for any of the wars in iraq so how likely is it that the americans will one day wake up and say yes yes we will accept i.c.c. jurisdiction over a possible war crimes bill would you like to reply to that. but i just absolutely agree that the united states and every other country ought to be required to part to participate in the i.c.c. going to and to support a activities and i fully agree. it's only here it's not proper for us to. support. you know indictments of gadhafi and bashir and the other ones and not at least hold ourselves up to the same standard lawrence what do you think about that. yes well i think i'm kind of somewhere between the two positions i agree comp
the torture first of all the u.s. attorney general announced that so long as you were following the d.o.j. legal guidelines then torture was fine and then he said well ok we'll investigate some of the people who have gone beyond the guidelines and he went on so that he decided there wasn't really enough of a case to answer so no one has been prosecuted for any of the wars in iraq so how likely is it that the americans will one day wake up and say yes yes we will accept i.c.c. jurisdiction over...
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u.s. relations are strained to political infighting in washington. i believe that it will be very difficult to come back to their recess out because as inherited from himself from his previous time in. a divided congress it still has a lot of so-called whole. will be quite aggressive and will be quite up in the opposition towards russia in its initiatives and we have seen that recently a witness said during the so-called make me act it was passed by the congress and the president will have no other option is to side it into action. so with this new move and the russia promise to retaliate adequately i don't think that we can go to business as usual and we will see that the next four years of obama storm will be filled with tensions between russia and the united states. moving on now a top western the bard conference on syria meets on wednesday to boost support for the country's new opposition alliance the national coalition that comes after washington formally recognize them as the legitim
u.s. relations are strained to political infighting in washington. i believe that it will be very difficult to come back to their recess out because as inherited from himself from his previous time in. a divided congress it still has a lot of so-called whole. will be quite aggressive and will be quite up in the opposition towards russia in its initiatives and we have seen that recently a witness said during the so-called make me act it was passed by the congress and the president will have no...
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a gunman has opened fire at the shopping center near the u.s. city of portland killing two people wounding a third before killing himself the suspect ran through the mall with an assault rifle. camouflage suit and hockey mask apiece investigation is on the way. us public transport systems are being equipped with audio recording devices to boost security for passengers a multi-million dollar upgrade is on the way in several u.s. cities including san francisco and baltimore reporter michael brick says despite the seemingly good intentions new technology sparks all kinds of privacy concerns privacy experts have different concerns that there were links with other sorts of technologies that they were all familiar with and some that are in development such as racial recognition software g.p.s. devices i mean a number of other technologies on the market already are coming to market that there's going to lead us down. one step closer to tracking the individual privacy law experts i spoke to said that there's a different dimension now it's one thing to b
a gunman has opened fire at the shopping center near the u.s. city of portland killing two people wounding a third before killing himself the suspect ran through the mall with an assault rifle. camouflage suit and hockey mask apiece investigation is on the way. us public transport systems are being equipped with audio recording devices to boost security for passengers a multi-million dollar upgrade is on the way in several u.s. cities including san francisco and baltimore reporter michael brick...
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well buses in the u.s. may no longer be a place for private conversation according to news website daily which claims it's got evidence sharing public transport is being equipped with audio recording devices the multi-million dollar upgrade is to boost passenger security and is reportedly already underway in several u.s. cities for the man who broke the news break says new technology sparks all kinds of privacy concerns. privacy experts have different concerns that they when linked with other sorts of technologies that they were all familiar with and some that are in development such as racial recognition software g.p.s. devices and a number of other technologies on the market already are coming to market that there's going to lead us down one step closer to track an individual privacy law experts i spoke to said that this adds a different dimension oh it's one thing to be able to see someone moving around it's a different thing to be able to take your work there are say. from the death of one of the soviet
well buses in the u.s. may no longer be a place for private conversation according to news website daily which claims it's got evidence sharing public transport is being equipped with audio recording devices the multi-million dollar upgrade is to boost passenger security and is reportedly already underway in several u.s. cities for the man who broke the news break says new technology sparks all kinds of privacy concerns. privacy experts have different concerns that they when linked with other...
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u.s. economy. the big question is whether the fed will stick with its so- called "operation twist" bond- buying program, or will it announce something new? erika miller takes a closer look at what's expected. >> reporter: the fed may announce a new twist in its bond buying plans, but that doesn't necessarily mean the stock market will shout. at it's final meeting of the year, the central bank is not expected to simply extend its operation twist program. that's the nickname for the fed's strategy of buying long- term treasuries and, at the same time, selling an equal amount of shorter-dated bonds. that's important because it keeps the bank's balance sheet the same size. now, the fed may be ready to do a new stimulus dance. >> under twist, they've been purchasing $45 billion longer term treasuries while at the same time selling $45 billion short term. they've pretty much run out of short-term stuff to sell, so i think they'll be continuing to purchase the long term, but purchasing outright,
u.s. economy. the big question is whether the fed will stick with its so- called "operation twist" bond- buying program, or will it announce something new? erika miller takes a closer look at what's expected. >> reporter: the fed may announce a new twist in its bond buying plans, but that doesn't necessarily mean the stock market will shout. at it's final meeting of the year, the central bank is not expected to simply extend its operation twist program. that's the nickname for...
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has also been committing some terrible crimes and the u.s. hasn't that has it at all so i think you know i think i think you know the name of the game is a violent regime change this is the only way that the western powers in the gulf states can bring about a change in damascus through violence. does not know what about the opposite what about the opposition groups requests for arms how likely is that the given the coalition's western backers are going to act upon that and come up with the goods well i think this is one of the reasons why they've been recognized that it makes it easier therefore to lift arms embargoes either arms are going to be very keen to be got show because that's what they want because but you know again we get back to the basic problem yes we can give more arms to them but the fact is unless they have higher levels of support in the public they're not going to win and of course the more violence that they have that they take part in that the more terrible atrocities they commit you know we have some things on you tube t
has also been committing some terrible crimes and the u.s. hasn't that has it at all so i think you know i think i think you know the name of the game is a violent regime change this is the only way that the western powers in the gulf states can bring about a change in damascus through violence. does not know what about the opposite what about the opposition groups requests for arms how likely is that the given the coalition's western backers are going to act upon that and come up with the...
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test yo
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. i had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically...
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in july, a u.s. senate report accused the bank of being involved in money transfers linked to drug deals originating in mexico. the report also said the bank settled money transactions with links to iran, a country under u.s. sanctions. >>> now, british authorities have arrested three british men. that's over their alleged connection to a rate-fixing scandal involving libor, the london interbank offered rate. the serious fraud office announced tuesday the first arrests in the case that has rocked the financial community. but officials gave no details other than the arrested men are british citizens in their 30s or 40s. it's unknown whether the suspects worked for banks or what their exact charges are. in june, the nation's financial regulators imposed a huge fine on barclays bank based in the uk for underreporting libor. the global benchmark is used for hundreds of trillions of dollars in transactions. regulators in various countries are also investigating possible involvement of other banks. >>> in
in july, a u.s. senate report accused the bank of being involved in money transfers linked to drug deals originating in mexico. the report also said the bank settled money transactions with links to iran, a country under u.s. sanctions. >>> now, british authorities have arrested three british men. that's over their alleged connection to a rate-fixing scandal involving libor, the london interbank offered rate. the serious fraud office announced tuesday the first arrests in the case that...
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we believe that u.s. oil production is entirely due to the horizontal drilling in the shales is going to grow by about 2 million barrels a day in aggregate for the whole industry over about a four-year period, 2011 through 2015. and that's going to be the largest growth we've seen in a long time. even today, we're at a peak production that we haven't seen for 15 years in the united states due to this horizontal drilling boom. it's taken us a long way. and i believe by 2020 we have a real good chance in the u.s. to be north american oil independent. and fundamentally what that means is we won't be relying on opeq oil imports by 2020. we're going rely on canadian imports plus burgeoning u.s. production. that is a major major change in the united states energy picture. >> now mark, one of the things that i've learned from you is that the numbers that we often see are radically understated. the government will put out numbers. it seems like every time they put out numbers they're well behind. what is the disc
we believe that u.s. oil production is entirely due to the horizontal drilling in the shales is going to grow by about 2 million barrels a day in aggregate for the whole industry over about a four-year period, 2011 through 2015. and that's going to be the largest growth we've seen in a long time. even today, we're at a peak production that we haven't seen for 15 years in the united states due to this horizontal drilling boom. it's taken us a long way. and i believe by 2020 we have a real good...
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given u.s. involve in the libya and iraq to bring down their dictators, analysts predict the deepening division between the white house and the russian president. >> he has seen american match nations bring down gaddafi, saddam. they are determined to preserve their ties. >> the administration downplays the leadership role and presence of islamists and al-qaeda, this video alleges to show foreign jihadists, is a malley, germany, u.k. and france on the ground in syria. that man said he wants to establish strict adherence to shariah law in syria adding that the taliban is example to follow. >> opposition has to take steps to isolate extremists and those with a different agenda. >> the leader is pushing the u.s. to reconsider the decision to label militant islamic use to claim religion is legitimate motivating factor for the rebels. the u.s. says the group is a front for al-qaeda in iraq. chris? >> chris: thanks. >> you're welcome. >> chris: federal appeals court struck down the nation's last date
given u.s. involve in the libya and iraq to bring down their dictators, analysts predict the deepening division between the white house and the russian president. >> he has seen american match nations bring down gaddafi, saddam. they are determined to preserve their ties. >> the administration downplays the leadership role and presence of islamists and al-qaeda, this video alleges to show foreign jihadists, is a malley, germany, u.k. and france on the ground in syria. that man said...
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the u.s. security council is expected to hold a closed door meeting today on the launch. >>> washington still not seeing eye to eye ton a deal to avoid the fiscal cliff. they believe president obama will take the hikes. >> i am confident republicans would not old middle class taxes hostage to true to protect individuals. >>> the administration looking to raise taxes on those more well off than others. while they want mow am al-jazeera and this one as they try to tfly to africa to join a terrorist group. they plan to vote wage violent jihad there. he is the former roommate of the leader of the ter rits group in some mill yaw who was recently added to the fbi most wanted terrorist list. president obama making a big announcement. the united states will recognize syrian rebels as representties of that country. >> we have made a decision the syrian opposition coalition is representative enough of the syrian population but consider them representatives of assyrian people in opposition to the regime.
the u.s. security council is expected to hold a closed door meeting today on the launch. >>> washington still not seeing eye to eye ton a deal to avoid the fiscal cliff. they believe president obama will take the hikes. >> i am confident republicans would not old middle class taxes hostage to true to protect individuals. >>> the administration looking to raise taxes on those more well off than others. while they want mow am al-jazeera and this one as they try to tfly to...
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u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomorrow as federal reserve policymakers wrap up their two-day meeting. >> tom: ever wonder what goes into making those cardboard store displays? tonight, we look at how one box company is using them to reinvent itself. >> susie: that and more tonight on nbr! >> tom: an agreement to ease the fiscal cliff may not be wrapped up and waiting under your tree for christmas. senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some
u.s. house but not much progress is made. warren buffett and others tell lawmakers to look for more money from the estate tax. >> susie: i'm susie gharib. could another major bond-buying program be on the way? what we could hear tomorrow as federal reserve policymakers wrap up their two-day meeting. >> tom: ever wonder what goes into making those cardboard store displays? tonight, we look at how one box company is using them to reinvent itself. >> susie: that and more tonight...
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another aspect of us learning about world war two and history books is the proportionality you know the u.s. sacrificed so much i wanted to play a really important part of the series right now. it was over sixty to sixty five million people a dead including in this to maybe twenty seven million soviets between ten and twenty million chinese six million jews over six million germans three million jewish poles two and a half million japanese and one and a half million you could slow. down stream of britain france italy hungary romania and the united states each county between a quarter million and a half million dead. the disproportionality this is stunning i really didn't even know the magnitude of those deaths before i saw that that was really incredible i mean completely shatters the misconceptions that we have growing up about we all did i mean we had no miracle we still think america won the war d.-day and on june sixth forty four but the war was was well on his way to being what the soviets had broken the back of the german military in russia itself and grow out of that curse that they
another aspect of us learning about world war two and history books is the proportionality you know the u.s. sacrificed so much i wanted to play a really important part of the series right now. it was over sixty to sixty five million people a dead including in this to maybe twenty seven million soviets between ten and twenty million chinese six million jews over six million germans three million jewish poles two and a half million japanese and one and a half million you could slow. down stream...
SFGTV2: San Francisco Government Television
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u.s.s. cole and i want to welcome you, lee perry, here this morning and thank you for all you've done ad supporting your husband and his marvelous career. thank you, ms. perry. (applause) >> our speaker this morning, the former secretary of defense william perry, i first met when he was the deputy secretary of defense, and he and mrs. perry came to korea where i was the c5j5 and i was assigned to escort them around. and i had a lot of those kinds of duties while i was assigned to korea. but it was the most pleasant experience i had and i say that honestly, to get to know these two people. and he then became our secretary of defense. and many of us that have served thought that he was one of the best secretary of defenses we've ever had. he's currently a senior fellow at the hoover institute and a freeman foley institute of international studies. he is the michael and barbara bavarian professor at stanford university and serves as co-director of the nuclear risk reduction initiative and pre
u.s.s. cole and i want to welcome you, lee perry, here this morning and thank you for all you've done ad supporting your husband and his marvelous career. thank you, ms. perry. (applause) >> our speaker this morning, the former secretary of defense william perry, i first met when he was the deputy secretary of defense, and he and mrs. perry came to korea where i was the c5j5 and i was assigned to escort them around. and i had a lot of those kinds of duties while i was assigned to korea....
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what the fed has just done has -- it's done damage to the u.s. dollar. the beneficiaries will be stocks. beneficiary will be gold. beneficiary will be the canadian and new zealand dollars. >> so commodity currencies get a boost out of this. >> not a question. >> thanks. the commodity king. >>> mariott shares are up as the company transitioned successfully no a new ceo. fromity small days as a root bear stand, mariott has always been family affair. as i found out in my documentary, behind closed doors at mariott, bill mariott may come off as a mild-mannered i go. but he is anything but timity when it comes behind one of his vintage racers or his company. >> blasting by in his rare 1950s mercedes, you may not recognize him. but take another look and you may realize you've seen that face before. >> these are fast car nets old days. won a lot of races. >> he is bill mariott. billionaire and recently retired ceo of the hotel dynasty that bears his name. >> i think is important for the customer to know that there's a family and a person behind the name. >> in
what the fed has just done has -- it's done damage to the u.s. dollar. the beneficiaries will be stocks. beneficiary will be gold. beneficiary will be the canadian and new zealand dollars. >> so commodity currencies get a boost out of this. >> not a question. >> thanks. the commodity king. >>> mariott shares are up as the company transitioned successfully no a new ceo. fromity small days as a root bear stand, mariott has always been family affair. as i found out in my...
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meanwhile, u.s. defense secretary leon panetta said chances of the syrian regime resorting to chemical weapons may be easing. he spoke during a flight to kuwait. we have seen not seen anything new indicating any aggressive steps to move forward in that way, but we continue to monitor it very closely. we continue to make clear to them that they should not under any means make use of these chemical weapons against their own population. >> sreenivasan: also today, the united nations reported the number of syrian refugees fleeing the fighting has grown to more than 500,000, all across the middle east. and inside syria, rebels captured a second major military base near the northern city of aleppo. new details have emerged from south africa on the health of former president nelson mandela. the government announced today that military doctors are treating him for a recurring lung infection. mandela is 94 years old. he's been hospitalized since saturday, but officials said he is responding to treatment. an i
meanwhile, u.s. defense secretary leon panetta said chances of the syrian regime resorting to chemical weapons may be easing. he spoke during a flight to kuwait. we have seen not seen anything new indicating any aggressive steps to move forward in that way, but we continue to monitor it very closely. we continue to make clear to them that they should not under any means make use of these chemical weapons against their own population. >> sreenivasan: also today, the united nations reported...
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the u.s. are [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken with portobello wine sauce. at pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and sea food differently and introducing 7 lunch choices for just $7.99. salad, sandwiches, and more. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. i heard you guys can ship ground for less t
the u.s. are [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15entrees under $15, seafood, chicken and more! oothe tilapiawith roastedegetab! i'm actually looking at the wo grilled chicken with portobello wine sauce. at pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [ male announcer ] come try our new menu and...
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a u.s. official who confirms that the object that north korea launched is still in orbit right now, and they're doing their final calculations to determine whether or not it was, indeed, a satellite as north korea claimed. but bottom line, their rocket did go through all three stages, which is a significant jump in technology for them. >> so does this, chris, tell us much about how close north korea is from being able to launch long-range missiles capable of delivering nuclear warheads? >> great question. the official i spoke with says he still believes that is some years away because they haven't mastered all the other things they would need to do that. in other words, marrying their nuclear program with the missile, making a nuclear warhead small enough to fit on the end of a missile, solving the heat shield problems so the missile doesn't burn up when it reenters the earth's atmosphere, and accuracy. being able to hit exactly what you're aiming at. the big worry, though, is proliferation.
a u.s. official who confirms that the object that north korea launched is still in orbit right now, and they're doing their final calculations to determine whether or not it was, indeed, a satellite as north korea claimed. but bottom line, their rocket did go through all three stages, which is a significant jump in technology for them. >> so does this, chris, tell us much about how close north korea is from being able to launch long-range missiles capable of delivering nuclear warheads?...
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exports and u.s. firms, but number two, the uncertainty that small businesses in particular face and their reluctance to expand. on the one hand we think it's a little better growth than we've seen, but we think the uncertainties that smaller businesses in particular face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >> bob pisani likened the fiscal cliff to y2k, and it is to a certain degree, at least in terms of decision and hiring and that kind of thing, it's creating some kind of paralysis. you talked to the traders here on the floor of the stock exchange. is it creating paralysis for them as well? they are not making any big bets until they know what happened. >> y2k created a lot of talk but didn't have impact on the stock market. i was here for that. the fiscal cliff has more impact, and it did today. i watched what the markets
exports and u.s. firms, but number two, the uncertainty that small businesses in particular face and their reluctance to expand. on the one hand we think it's a little better growth than we've seen, but we think the uncertainties that smaller businesses in particular face is going to keep a lid on growth, and so what we see is an extension of the rather slow-growth environment had a we've seen that will help propel equity prices higher but not dramatically over the next year or two. >>...
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it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the
it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our...
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several days ago the u.s. navy put a number of ships in the region that have very powerful radars and surveillance systems. so all of that is gathering up all the data. they will look at it. and they are very experienced. they'll be able to determine pretty closely what kind of missile, where it flew, where it fell, how long it flew, and again it goes back to what paula was saying. if this launch really was a three-stage rocket and it really was successful, more successful than the failed one back in april, the big question for the intelligence community right now is how did the north koreans do it and, like we sid, is someone out there helping them, perhaps the iranians? that become a much more important complex foreign policy issue for the government, anderson. >> i'll rebroadcast a report i did for "60 minutes" about a concentration camp inside north korea. we often focus on these rocket launches not so much the humanitarian rights issues that are going on inside north korea. the extraordinary story of a yo
several days ago the u.s. navy put a number of ships in the region that have very powerful radars and surveillance systems. so all of that is gathering up all the data. they will look at it. and they are very experienced. they'll be able to determine pretty closely what kind of missile, where it flew, where it fell, how long it flew, and again it goes back to what paula was saying. if this launch really was a three-stage rocket and it really was successful, more successful than the failed one...
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we need to see the u.s. as one of the great destinations of the world. >> i was recently at a competitor of yours. they had mark downs on warm weather clothes. >> cold weather clothing because of the heat, the warm weather is having issues. it is a small piece of our business. but hopefully it is going to get cold again. >> i have to tell you, i wish you the best of luck. it sounds like despite the plagues, things have been doing pretty well. this remains a very good call on if you believe the stock market is going to go higher. it's not all about the fiscal cliff. you heard it from the man. stay with saks, stay with cramer. >> coming up, are you ready to get charged up? cramer goes electric on a hyperactive lightning round. >>> it is time for the lightning round. play to this sound and then the lightning round is over. are you ready? i want to start with ed in pennsylvania. >> hello mr. cramer. booyah from pittsburgh. >> oh man, steeler nation what's up? >> my stock is cisco. >> cisco is the best house in a
we need to see the u.s. as one of the great destinations of the world. >> i was recently at a competitor of yours. they had mark downs on warm weather clothes. >> cold weather clothing because of the heat, the warm weather is having issues. it is a small piece of our business. but hopefully it is going to get cold again. >> i have to tell you, i wish you the best of luck. it sounds like despite the plagues, things have been doing pretty well. this remains a very good call on...
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but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean that we lose the entire first quarter because everybody is still worrying and talking about the issue. and here we go, clients again, investing in a time when they need to be invested. >> he also thinks if we go over the cliff it might trig ear recession. what about the fed? as you know, it announced those big moves today. tying any move in rates to the unemployment rate. are we in a bond double? we will hear from blackrock's chief investment officers of fundamental
but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a...
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talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of
talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket,...
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but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and in terms of making a nuclear war head signal enough to fit on the end of that missile. but the real danger is what it may do with this technology in terms of giving it over to other nations. >> chris lawrence, thank you. >>> john berman with other stories making news. >>> the united states officially recognizing syria's opposition coalition as the representative of the syrian people. it's just a show of support. it is does not mean america will arm rebel forces. president obama talked about why the decision was made right now. >> the syrian opposition coalition is now inclusive enough. reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people in
but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and in terms of making a nuclear war head signal enough to fit on the end of that missile. but the real danger is what it may do with this technology in terms of giving it over to other nations. >> chris lawrence, thank...
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i just came back from two weeks in asia, people are questioning the u.s. staying power. they are looking at this political prowess and saying can we count on the u.s., so it's very important we get our economic house in order, we get a deal to move forward. >> how important is it for the president to move quickly on his new international security team? >> i think that's important too, and i understand lots of good work is going into that and you'll have an impressive team rolled out hopefully soon. >> michelle, thank you very much. >>> coming up next, the sheriff's office in clackamas county, oregon, has just released the latest details on that fatal shooting rampage that killed two people, leaving one teenaged girl in serious condition. according to the sheriff's briefing, the 22-year-old suspect has been identified as jacob tyler roberts. he used a stolen semi-automatic rifle during the shooting. the sheriff noted the law enforcement received hundreds of calls from panicked shoppers in the mall. the first unit that arrived on the scene, just one minute later, no motive
i just came back from two weeks in asia, people are questioning the u.s. staying power. they are looking at this political prowess and saying can we count on the u.s., so it's very important we get our economic house in order, we get a deal to move forward. >> how important is it for the president to move quickly on his new international security team? >> i think that's important too, and i understand lots of good work is going into that and you'll have an impressive team rolled out...
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mortgage-backed securities for u.s. treasurys? >> for much there same reason constance said, mortgage-backed securities. treasury rates are low and housing is where you get the multiplier effect in this economy. if you get more housing sales whether it is new or existing homes you will see more transportation of raw materials. >> the fed watches a new round of bond buying. a new bond buying program, a new round of quantitative easing as expected. $45 billion a month in treasury security and for the first time it set new benchmarks for when it will start tightening monetary policy, not before unemployment can 6.5%. here is why, quote, information received the federal open market committee met in october suggests economic activity and employment have continued to expand at a moderate pace in recent months apart from weather-related destruction. the unemployment rate has declined since the summer but remains elevated. household spending has continued to advance and a housing sector has shown further signs of improvement but growth in
mortgage-backed securities for u.s. treasurys? >> for much there same reason constance said, mortgage-backed securities. treasury rates are low and housing is where you get the multiplier effect in this economy. if you get more housing sales whether it is new or existing homes you will see more transportation of raw materials. >> the fed watches a new round of bond buying. a new bond buying program, a new round of quantitative easing as expected. $45 billion a month in treasury...
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. >>> who's the least popular u.s. senator in the united states? well, according to ppp's polling it's mitch mcconnell of kentucky. the republican leader isn't loved in his home state. 55% in kentucky disapprove. before president obama's inauguration mcconnell famously announced his top priority. make obama a one-term president. and democrats have a chance in 2014. we'll be right back. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ well, according to ppp's polling 2014.2014. we'll be right back. >>> welcome back to "hardball." things got ugly yesterday in michigan when they become the 24th right to work state in a huge blow to labor. about 10,000 protesters were outside the capitol and some brought down a tent housing those from the koch brothers' americans for pros
. >>> who's the least popular u.s. senator in the united states? well, according to ppp's polling it's mitch mcconnell of kentucky. the republican leader isn't loved in his home state. 55% in kentucky disapprove. before president obama's inauguration mcconnell famously announced his top priority. make obama a one-term president. and democrats have a chance in 2014. we'll be right back. in that time there've been some good days. and some difficult ones. but, through it all, we've...